How to Buy a House: What Everyone Should Know Before They Buy or Sell a Home

Description

Every aspect and detail of buying and selling a house you will ever need from an author who has bought and sold hundreds himself and helped others buy and sell thousands. “This particular book touches on every aspect of real estate with key details needed to locate, inspect, determine value, place bid, get financing, title insurance, Realtor responsibility to closing. I can honestly say this is a complete book on every term used in real estate. It will give you confidence in discussing details with buyers sellers and realtors if you are in the market to buy a home. Love the details on your advice for people with multiple rental properties to get financing. Looking at buying another rental with this advice. Great book Mark, keep up the great work.” -Patrick Smith A house is the biggest purchase most people will ever make, but most people don’t know the best way to buy a home. A house is also the best investment most people will ever make but they don’t even know why! This book covers everything you need to know about the home buying and selling process including: Deciding on how much money to spend on a house(don’t let your lender or agent decide for you!) Deciding whether you should buy or rent How to get a great deal on a house that will build instant equity How to get the best loan with less money down (if that is your goal) and the lower overall cost How to find the best real estate agent and lender and why you need them How the process works including inspections, appraisals, title insurance, mortgages, closings, escrows, HOAs, etc… How to fix up your house and maintain it How to find contractors to help you fix up your house How to sell your house for the most money When and if you should refinance your house A glossary full of definitions for real estate terms Plus bonus chapters on starting a career in real estate There has been a lot of talk about real estate being a bad investment. Many financial and economic advisers suggest buying a home may be worse for your finances than renting. However, I think most people do not take the home buying or selling process seriously. They put all their faith in other people to get the right deal done for them. If you blindly buy a house based on what your real estate agent or lender tells you, it may not be a good investment! However, if you are able to find great deals, get a good loan, and take care of your home, real estate can be an incredible tool to build wealth. I am a real estate agent, and real estate investor who has done very well buying hundreds of houses. I try to teach what I know to others to help them make smarter and better decisions. If you know the right way to buy a home, it beats renting every time. Real estate is by far the biggest wealth builder in the United States for the vast majority of people because they bought a house even when they do not know what they are doing. If you know what you are doing it can provide incredible results! Review: Great concise information with clear format! - I am relatively new to RE purchasing. I started with my first purchase on a multi-family property a little over a year ago. At that time I had read a lot of popular well known books and thought I was prepared, however getting ready to purchase a new property I decided to read a little more on the subject, and hence how I came across this book. I have now learned, thanks to this book, that I did a lot of things wrong with my first purchase and as much as I am kicking myself I am just glad I found this book this early in my career. It covers practically every imaginable topic in a clear and concise format without wasting your time dragging things out just to get the page count up, like many authors seem to do. And the best part is how it is formatted. It is as if Mark was aware that it is a great read front to back, but more importantly will be a great reference throughout the years ro come and therefore he has made it easy to grab off the shelf and find a specific topic quickly for a quick refresher, due to the clear chapter titles and grouping. I look forward to my next RE purchase and know I am much more prepared to get a great deal. TL;DR Don't buy another RE property without reading this book first and know it will also be and great future reference. Review: The best resource I've seen for buying and selling houses - This book contains a lot of excellent advice about buying homes for both new and experienced buyers and sellers. The author provides very sound advice on not only buying and selling, but also the housing market, how to decide if you should rent vs. buy, maintaining your home, etc... I was a bit worried that the book would just be for first time home buyers, but I was fascinated with the section describing housing bubbles and why the author doesn't think we are currently experiencing a bubble, just a healthy market that will continue. I also appreciate the organization. Each chapter stands on it own so you can just flip to the section that interests you without the need to read all the previous section. In fact, I think this should be called a "Handbook for Home Ownership" since it has more advice than just how to buy a house.